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Crexendo, Inc. provides cloud communication, unified communications as a service, call center, collaboration, and other cloud business services for businesses in the United States, Canada, and internationally. It operates through two segments, Cloud Telecommunications and Web Services. The Cloud Telecommunications segment provides telecommunications services that transmit calls using Internet protocol (IP) or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud; and resells broadband Internet services. This segment is also involved in the sale and lease of cloud telecommunications equipment. In addition, it offers hardware, software, and unified communication solutions for businesses using IP or cloud technology over high-speed internet connection through various devices and user interfaces, such as desktop phones and/or mobile, and desktop applications under the Crexendo brand name. The Web Services segment provides website hosting and other professional services. The company was formerly known as iMergent, Inc. and changed its name to Crexendo, Inc. in May 2011. Crexendo, Inc. was incorporated in 1995 and is headquartered in Tempe, Arizona.

Crexendo Dividend Announcement

• Crexendo announced a annually dividend of $0.01 per ordinary share which will be made payable on 2023-04-11. Ex dividend date: 2023-03-30
• Crexendo annual dividend for 2023 was $0.01
• Crexendo's trailing twelve-month (TTM) dividend yield is -%

Crexendo Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-03-30$0.01annually2023-04-11
2022-11-25$0.01annually2022-12-08
2022-08-22$0.01annually2022-09-02
2022-05-26$0.01annually2022-06-10
2022-02-17$0.01annually2022-02-28

Crexendo Dividend per year

Crexendo Dividend Yield

Crexendo current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Crexendo stock? Use our calculator to estimate your expected dividend yield:

Crexendo Financial Ratios

P/E ratio112.32
PEG ratio6.74
P/B ratio2.80
ROE2.60%
Payout ratio0.00%
Current ratio2.14
Quick ratio2.09
Cash Ratio1.39

Crexendo Dividend FAQ

Does Crexendo stock pay dividends?
Crexendo does not currently pay dividends to its shareholders.
Has Crexendo ever paid a dividend?
No, Crexendo has no a history of paying dividends to its shareholders. Crexendo is not known for its dividend payments.
Why doesn't Crexendo pay dividends?
There are several potential reasons why Crexendo would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Crexendo ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Crexendo has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Crexendo a dividend aristocrat?
Crexendo is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Crexendo a dividend king?
Crexendo is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Crexendo a dividend stock?
No, Crexendo is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Crexendo stocks?
To buy Crexendo you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Crexendo stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.